News

Q-CTRL partners with Swiss quantum research institute

Quantum computing firm Q-CTRL has formed a partnership with a Swiss research institute to upscale quantum computing and pursue joint funding opportunities. The Sydney-based company on Wednesday announced a...

FFI targets 5 million tons of European hydrogen exports by 2030

Fortescue Future Industries has signed a memorandum of understanding with a European utility company to distribute its green hydrogen to the continent. Working with German utility company E.ON, Fortescue...

Fintech fury, startup confusion over empty budget

Australia’s fintech industry group has slammed the government for failing to support the sector in Tuesday’s budget, while startups have labelled it “confusing” after not even rating a mention...

The $10b REDSPICE cyber showstopper: Labor has questions

The federal government has questions to answer about its record $9.9 billion investment in the Australian spy agency’s cyber capabilities, including where the additional highly skilled workforce will come...

Josh Frydenberg’s swag of unexpected budget treasures

The tech industry had few expectations of Treasurer Josh Frydenberg’s pre-election budget. With just weeks to go before heading to the polls, we have clearly moved on from pandemic-related...

Budget 2022: Small business gets digital and skills boost

After a tough couple of years, Josh Frydenberg has dropped some tax-break love on Australia’s small businesses in the form of targeted concessions to encourage investment in digital technology...

National Space Mission a huge budget win for the sector

The funding horizon on the freshly minted National Space Mission might stretch into the future, but Australian Space Agency chief Enrico Palermo is declaring a massive budget win for...

Manufacturing grants fund gets a $750m top-up

The government will top-up its manufacturing fund by $750 million, including $500 million specifically for regional businesses, as part of the federal budget. Plans will also be developed for...

DTA budget cut again as tech projects shifted away

The Digital Transformation Agency has had its budget cut again, with the government slashing $5.8 million from the technology agency’s departmental appropriation as its role continues to shift from...

No lifeline for Industry Growth Centres

The Industry Growth Centres did not receive a budget lifeline on Tuesday, confirming the end of government support for the long running program which has had its remaining budget...